The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
The AUD/USD pair is trading in the red at 0.6687 at the time of writing. In the short term, it has tried to rebound but the downside pressure remains high. Bounce backs or sideways movements could bring new short opportunities.
Fundamentally, the USD received a helping hand from the US economic data. The CB Consumer Confidence, New Home Sales, Richmond Manufacturing Index, HPI, S&P/CS Composite-20 HPI, Durable Goods Orders, and Core Durable Goods Orders came in better than expected.
Tomorrow, the Australian Consumer Price Index represents a high-impact event. Also, the Fed Chair Powell Speaks could shake the markets as well.
Technically, AUD/USD rebounded after reaching the 0.6662 level. Still, the currency pair failed to reach and retest the weekly pivot point of 0.6740 and the 0.6752 static resistance indicating strong downside pressure.
The 0.6662 former low represents a downside obstacle. Temporary rebounds or sideways movements could bring new short opportunities.
A bearish closure below 0.6662 is seen as a selling opportunity with a potential target at the median line (ML).
*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。
InstaSpot分析评论将让您充分了解市场趋势！ 作为InstaSpot的客户，您将获得大量的免费服务以实现有效的交易。
